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In this talk from the Chicago Founder Institute, Ted Greene explains how to establish your company’s revenue model. He advises founders to keep it simple and to remember that “ideas don’t mean anything until you build a financial model - that's when the rubber meets the road.” Greene also stresses the importance of benchmarks and being well versed with the numbers in your market.
Ted Greene is the CEO of Rainbo Sports and a Partner in Old Willow Partners. He also serves as a mentor for the Chicago Founder Institute, which is currently accepting applicationsfor the 2013 Spring semester. If you like the video below, apply to the Chicago Founder Institute today.
If you could benefit from expert training and feedback to launch a technology startup in Chicago, submit your application today. Those who apply by Janurary 13th get to take the admissions test for free and are eligible for the Female Founder Fellowship.